Nationwide average diesel price stays steady at $4.69

| Monday, June 16, 2008

For the past two weeks, the national average price for a gallon of diesel has stayed the same at $4.692. However, the cost for fuel is still up more than $1.88 per gallon compared with the same week a year ago, the U.S. Energy Information Administration is reporting on Monday, June 16.

Four of the nine regions of the country are reporting slight increases in the average price for diesel, while the other five regions are showing slight decreases at the pump for this past week.

The highest increase of 1.9 cents is being reported in the New England region. This puts the average price for a gallon of diesel at $4.853, while the price has gone up 1.6 cents to $4.701 in the Lower Atlantic region.

The East Coast region is reporting a penny increase to $4.768 a gallon for diesel, while the average price of fuel has gone up four-tenths of a cent in the Midwest to $4.629.

The average price has dropped 2.3 cents to average $4.969 in the California region, which still boosts the highest fuel prices in all of the regions, while the price for fuel has dropped 1.9 cents a gallon to $4.861 in the West Coast region.

The price for diesel has dropped 1.4 cents to $4.692 a gallon on average in the Rocky Mountain region, while the price has dropped six-tenths of a cent in the Central Atlantic region to average $4.878. The Gulf Coast region is reporting a one-tenth of a cent decrease in the average price for diesel, which is $4.660.

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